Valuation – Equal-Weight S&P 500 P/E Multiple

Valuation – Equal-Weight S&P 500 P/E Multiple According to Goldman Sachs, the equal-weight S&P 500 P/E multiple is currently 13% above fair value. This suggests that stocks in the S&P 500 Equal Weight Index may be relatively more expensive compared to their earnings potential. Image: Goldman Sachs Global Investment Research

Valuation – S&P 500 Next-Twelve-Months P/E Multiple

Valuation – S&P 500 P/E Multiple The current high valuation of the S&P 500 is a topic of concern for some investors. It may be challenging for valuations to continue expanding without a significant decline in yields. Image: Goldman Sachs Global Investment Research

Valuation – S&P 500 P/E Multiple

Valuation – S&P 500 P/E Multiple Valuations of the 10 largest U.S. stocks are currently elevated, but not extreme. Some investors may argue that these lofty valuations reflect strong growth potential. Image: Goldman Sachs Global Investment Research

S&P 500 Valuation Matrix (12-Month Forward EPS and P/E Multiple)

S&P 500 Valuation Matrix (12-Month Forward EPS and P/E Multiple) According to Morgan Stanley, U.S. equity market gains in 2024 may stall due to high forward multiples and ambitious earnings forecasts for the next 12 months. Image: Morgan Stanley Wealth Management

FY2 P/E Multiple of S&P 500 Top and Bottom Valuation Quintiles

FY2 P/E Multiple of S&P 500 Top and Bottom Valuation Quintiles The valuation gap between high and low valuation U.S. stocks remains elevated, presenting potential opportunities for value investors. Image: Goldman Sachs Global Investment Research

S&P 500 Valuation Multiples

S&P 500 Valuation Multiples S&P 500 valuation multiples remain stretched and well above averages. Image: Goldman Sachs Global Investment Research